National Bank of Oman introduces Samsung Wallet in Oman
The Paypers
MAY 6, 2024
The National Bank of Oman (NBO) and NBO Muzn Islamic Bank have introduced the Samsung Wallet to elevate the digital banking journey for their customers.
Samsung Could Drop Bixby As Part Of Deal With Google
PYMNTS
JULY 29, 2020
Samsung Electronics Co. It is the latest effort by Google to convince Samsung to lose one of its services and instead promote Google’s search, Assistant and Play Store apps, a source told the news service. Samsung has maintained its independence and consistently made efforts to promote its own apps and collect all the cash.
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Samsung Teams With SoFi For Mobile Money Management Solution
PYMNTS
MAY 27, 2020
To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. Users can decide to open an individual or joint cash management account with Samsung Money by SoFi.
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National Bank of Australia Adds Google Pay
Bank Innovation
APRIL 11, 2018
National Australia Bank (NAB) today added Google Pay to its roster of mobile payments services. On its digital payment services, NAB currently has NAB Pay, which works on Android devices, NAB PayTag for iOS devices, Samsung Pay, Fitbit, and Garmin wearables. NAB customers can now use Google Pay to make contactless payments.
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Samsung Execs Jailed In South Korea For Evidence Tampering
PYMNTS
DECEMBER 9, 2019
A South Korean court slapped three Samsung Electronics executives with jail sentences Monday (Dec. Prosecutors said computers and servers from Samsung Biologics , a contract drug manufacturer, were buried beneath factory floors to conceal evidence. A Samsung Electronics vice president was sentenced to two years behind bars. “The
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Samsung Rolls Out Babylon AI Doctor
PYMNTS
MAY 31, 2018
inked a deal with Samsung in which it will provide consumers with access to artificial intelligence-enabled doctors via smartphones. The Financial Times reported that in the beginning, the technology will be found in any new Samsung smartphones in the U.K. s National Health Service. where it has already partnered with the U.K.’s
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Samsung Unit Afoul Of Accounting Law, Regulator Says
PYMNTS
JULY 13, 2018
South Korean financial regulators said a unit of Samsung , Samsung BioLogics , intentionally breached corporate accounting rules, Reuters reported Thursday (July 12). The joint venture, Samsung Bioepis , was not disclosed to the FSC, reports said. Biogen, based in the U.S., The parties will be further investigated.
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Samsung Eyes Blockchain Smartphone?
PYMNTS
DECEMBER 12, 2018
Said sites including thenextweb.com , Samsung, no small player in mobile devices, submitted three trademark requests in Europe that offer up some clues into blockchain-focused phones. The bank said that fellow participants in the transaction included Region Brokerage Company and the Russian National Settlement Depository (NSD).
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Samsung Pay Launches In China
PYMNTS
MARCH 29, 2016
Apple Pay’s competition in China just got a bit steeper, as Samsung has officially rolled out Samsung Pay in the region. Samsung announced the launch of its mobile payments service that is now available through a deal with China UnionPay — the same method Apple used to bring its mobile payments option into market.
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Samsung, BSI, Bundesdruckerei, Telekom Security partner to bring national ID to smartphones
The Paypers
JULY 23, 2020
Samsung , BSI, Bundesdruckerei, and Telekom Security have partnered to to bring Germany’s national electronic ID on selected Samsung Galaxy smartphones.
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36 NRF Big Show: Samsung Shows In-Store Tech
PYMNTS
JANUARY 17, 2017
At the National Retail Federation’s (NRF) Big Show 2017, Samsung Electronics has unveiled its latest physical retail innovations: IoT-enabled digital solutions for traditional brick-and-mortar stores that enable an actively engaging, personalized mobile-first customer shopping experience.
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Samsung Paid Around $215M For Viv Virtual Assistant Back In October
PYMNTS
MARCH 2, 2017
Embattled Samsung, South Korea’s largest consumer electronics company, has reportedly paid $215 million for Viv Labs, the virtual assistant startup it acquired in October. According to a report in Business Insider , citing a filing, Samsung said that when it inked the deal it was valued at 238.93 million, noted the report.
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Samsung Pay Now Usable At South Korean ATMs
PYMNTS
APRIL 29, 2016
Samsung Pay has perhaps come one step closer to freeing the world from the shackles of plastic. This adds another functionality tool to Samsung’s already fairly impressive belt. Apart from expanding its functionality of late, Samsung Pay has also upped its geographical footprint with a rollout in China earlier this year.
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National Direct Bank CIT Rolls Out eChecking
PYMNTS
NOVEMBER 15, 2019
National direct bank CIT Bank is introducing eChecking, a new digital checking account with a wide variety of electronic transfer and payment solutions, the company announced in a press release on Friday (Nov. The new accounts have no monthly fee and offer ATM fee reimbursement of up to $15 a month.
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Samsung Pay Wins The Race To Launch First In India
PYMNTS
MARCH 9, 2017
Yesterday (March 8), Samsung Pay went live and online in India, a push done in collaboration with five Indian banks: Axis, HDFC, ICICI, SBI, and Standard Chartered, and credit and debit cards from MasterCard and Visa. Most interestingly, however, is the non-traditional player that is supported by Samsung’s mobile payment entry — Paytm.
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Apple’s In-Store Story, Android Pay Goes Wearable And Samsung Open For Business In Thailand
PYMNTS
FEBRUARY 9, 2017
Samsung’s global march added another stopping point this week, as Thailand became the latest nation to come online for Samsung Pay. That announcement comes as most of the global payments-watching community was watching Samsung Pay’s imminent foray into India. Samsung Pay In Thailand.
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100 National Australia Bank integrates Samsung Pay
The Paypers
MARCH 26, 2018
(The Paypers) National Australia Bank (NAB) has integrated Samsung Pay , which is now available at all major banks in Australia.
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How Singapore Is Fueling A ‘Smart Nation’
PYMNTS
JULY 1, 2016
Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.
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Can Samsung Pay benefit from India's cash crisis?
Payments Source
FEBRUARY 6, 2017
Little-noticed during India’s cash-crunch late last year — triggered by the government’s demonetization of about 80% of its currency — was Samsung Pay quietly testing the waters in India with an eye to opening up vital new digital payment options in a nation that relies heavily on cash for everyday transactions.
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SoFi’s Trading Volume Surges, User Base Nearly Triples
PYMNTS
JULY 15, 2020
In regards to the company’s recent filing for a national bank charter, Noto said, “Being a national bank would really be critical strategically. The news comes as Samsung Electronics America, Inc. The virtual card will instantaneously show up in Samsung Pay at the time of approval.
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Retail’s Ups And Downs: Holiday Shopping, The Olympics And The Samsung Galaxy Note 7
PYMNTS
OCTOBER 12, 2016
Last week, the National Retail Federation predicted that holiday sales would climb 3.6 Retail jobs were also a big winner this week, as the number of retail jobs grew by 10,000 from August to September, according to the National Retail Federation. And the poor Samsung Galaxy Note 7. Samsung announced on Tuesday (Oct.
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SoFi Sees Investor Accounts Double Thanks To Fractional Shares
PYMNTS
MAY 27, 2020
Noto’s remarks came on the same day as the announcement of “ Samsung Money by SoFi ,” the new mobile-focused money management product SoFi is offering in partnership with Samsung Electronics America Inc. The former Twitter and National Football League executive said 40 percent of trades on SoFi Invest are through fractional shares.
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Visa Tap To Phone Expands POS Acceptance For Retailers
PYMNTS
JANUARY 12, 2020
12), as Samsung has unveiled its Galaxy XCover Pro, an enterprise-grade smartphone that comes pre-installed with Visa’s Tap to Phone app. The partnership with Samsung is the first time the Tap to Phone software has been integrated into a device. The mPOS landscape got more interesting today (Jan.
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Mastercard Leads Investment In Mobile FinTech Mobeewave
PYMNTS
NOVEMBER 15, 2018
Earlier this year, Mobeewave entered an international partnership with Samsung Electronics to make its“platform available for commercial use on more than 250 million Samsung devices around the world.”
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199 Five At Five: How Amazon Wields Influence In Real Estate
PYMNTS
MAY 3, 2018
In other news, Samsung Pay is making a bid to move beyond payments, and young Chinese consumers recently boosted overseas use of Alipay. Samsung Pay Launches Mobile Shopping And Rewards Features. One of those features uses Bixby, Samsung’s intelligence platform, to enable Samsung Pay users to shop via their smartphone cameras.
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Diebold, Rakbank to add Samsung Pay cardless access at ATMs
The Paypers
AUGUST 6, 2017
(The Paypers) The UAE-based National Bank of Ras Al Khaimah (Rakbank) has announced an agreement with Diebold Nixdorf to launch Samsung Pay on Rakbank ATMs.
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31 SmartPesa Rolls Out Android POS System; Vipps Selects Inside Secure For Payment Security
PYMNTS
OCTOBER 11, 2018
In addition, SmartPesa is rolling out an Android point-of-sale (POS) system, and South Africa’s Mugg & Bean (M&B) is launching support for Samsung Pay. Vipps, which offers the BankAxept national payment system, is owned by banks in Norway, and processes eight out of 10 card purchases made in stores in the country. .”
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Unified Payments Interface goes live on Samsung Pay
The Paypers
APRIL 28, 2017
(The Paypers) People having Samsung Pay in their smartphones are now all set to access it through Unified Payments Interface, the peer-to-peer instant payment platform run by National Payments Corporation of India.
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How Handset Makers Are Trying To Keep Customers
PYMNTS
FEBRUARY 27, 2019
Going Big on New Features: the Foldable Samsung. Whatever it is people will say about the newly released Samsung Galaxy Fold , no one is going to suggest that it looks like an iPhone. According to Samsung , the “Galaxy Fold opens smoothly and naturally, like a book, and closes flat and compact with a satisfying click.”
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Groovv POS Flex Unveiled At NRF’s Big Show
PYMNTS
JANUARY 17, 2017
This week at the National Retail Federation’s (NRF) 2017 Big Show held at the Javitz Center in New York City, Samsung and Total Merchant Services announced the Groovv POS Flex, which is a POS solution aimed at aiding SMB merchants. The Groovv POS Flex works with a Samsung Galaxy Tab E 9.6”
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Deep Dive: The Latest Initiatives To Expand Mobile IDs
PYMNTS
JULY 12, 2019
The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare. The government plans to adapt SingPass for smartphones this year by rolling out a new national digital identity (NDI).
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108 March Madness: Mobile-Payments Style
PYMNTS
MARCH 31, 2016
March Madness is all about busted brackets – this year anyway – and how the players who take the field help their team get to The Final Four – and then the National Championship. March Madness meets payments. And the bragging rights that go along with it.
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Korea’s Top Crypto Exchange Joins Blockchain Procurement Project
PYMNTS
APRIL 30, 2018
The nation’s largest cryptocurrency exchange, Upbit, is collaborating with Korea Credit Data, reports said, to develop the solution, which will also aim to enable SMBs to more easily access structured securities. The involvement of the nation’s largest cryptocurrency exchange comes as the government cracks down on such firms.
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Klarna Enables Google Pay For In-Store US Purchases
PYMNTS
AUGUST 11, 2020
“We’re focused on providing all of our users with a seamless, contactless shopping experience as stores reopen and the pandemic continues to affect communities across the nation,” said David Sykes, head of U.S. at Klarna, in a statement. Point-of-sale lender Affirm retains the No. Closing out the latest top five is QuadPay.
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152 The U.S. Roots Forming Samsung's Banking Strategy
American Banker
OCTOBER 28, 2016
Samsung sees banking as a long game, and Samsung Pay is its first move. As mobile banking grows, the Korean electronics company believes financial services is ripe with opportunity.
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Bustlingly Busy, Visa’s Vistas Expand
PYMNTS
APRIL 7, 2017
Hacking, Hacking Everywhere : The venerable Samsung brand may be under attack. Last week, Visa and Samsung announced a joint partnership that will allow Samsung Pay users in the U.S. to link their Samsung Pay account with their Visa Checkout account for online shopping. Visa has been very busy lately.
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Google Pay Adds 29 US Banks To Mobile Payment Service
PYMNTS
DECEMBER 7, 2018
First National Bank of Milaca. Lamar National Bank. This year has been a busy one for Google Pay, as it tries to gain prominence in a crowded market with competitors like Apple Pay , Samsung Pay and even Walmart Pay. First Bank of Boaz. First Central Credit Union. Grand Savings Bank. Greater Cleveland Community Credit Union.
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PSCU Reports Higher Debit, Credit Sales During Holidays
PYMNTS
FEBRUARY 6, 2020
percent market rate reported by the National Retail Federation (NRF). Use of mobile wallets also surged, with an increase of 116 percent of consumers using services like PayPal, Apple Pay and Samsung Pay, the press release stated. percent increase in debit and credit sales among its owner credit unions (CUs).
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Will It Be Nordic Banks Against The World In Mobile Payments?
PYMNTS
OCTOBER 12, 2017
Samsung Pay was the first international competitor to plant its flag in 2017, followed by Alipay, with Apple Pay expected to make its official entry into the market before the ball drops on December 31. According to reports, consumers in Nordic nations make about 25 percent of their purchases via mobile app. What’s Next.
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Making A Sizzling Leap Into Digital Banking
PYMNTS
FEBRUARY 21, 2020
regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits. Supply chain disruption: The spreading impact of the Coronavirus is causing production hiccups and stumbles – enough to make Apple cut its forecast, while Samsung may see headwinds to smartphone production in Vietnam.
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Identity As A Service To The Rescue
PYMNTS
FEBRUARY 13, 2020
That upgrade is coming in the form of national digital ID initiatives now underway in a number of countries from Argentina to Ukraine. federal government doesn’t issue a national identity card, so a number of states have taken it upon themselves. Add those to the 4.6 Passports aside, the U.S. Making Social Safe Again.
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BRICS Drives Mobile Payments Growth Last Decade
PYMNTS
DECEMBER 19, 2019
Back at the dawn of the millennium, the acronym was shorthand for the developing nations that were deemed to be the biggest suppliers of the raw materials and services crucial in keeping the world, well, running. And for India, of course, national initiatives are also a driving force in cashless payments. And, later, BRICS.
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